42 TECH SOLUTIONS, INC. (IL) - 2020 PPP Loan Borrower Profile (# 8423697708)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 42 TECH SOLUTIONS, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Illinois.
Loan Detail
Loan Number
8423697708
SBA Office Code
0507
Processing Method
PPP
Curent Loan Amount
$10,990
Date Loan was Approved
May 1, 2020
Amount Forgiven
$11,103.81
Date Loan was Forgiven
May 20, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
10,990
Lender
Cross River Bank
Business Detail
Business Type
Corporation
NAICS
541618
Borrower Location
OREGON, IL
Project Location
OREGON, IL
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
2
Business Age Description
Existing or more than 2 years old
Data Source: SBA.